Kewen Pan
School of Business Administration and Contemporary Business and Trade Research Center, Zhejiang Gongshang University, Hangzhou, China
Chang Su
Bank of China, Anhui Branch, Hefei, China
S.C.H. Leung
Department of Management Sciences, City University of Hong Kong, Hong Kong
Guoqing Zhang
Faculty of Engineering, University of Windsor, Windsor, Canada
ABSTRACT
Retailing channels are increasingly being controlled by dominant retailers who have the >power= to dictate pricing and ordering policies to manufacturers. We construct a price-sensitive newsvendor model to determine optimal pricing and ordering policies where a linear Price-Discount Sharing (PDS) contract and a novel integrative return policy are used to help a dominant retailer obtain maximal profit.
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How to cite this article
Kewen Pan, Chang Su, S.C.H. Leung and Guoqing Zhang, 2013. A Price-discount Sharing Contract with Novel Return Policy for the Dominant
Retailer. Journal of Applied Sciences, 13: 3815-3819.
DOI: 10.3923/jas.2013.3815.3819
URL: https://scialert.net/abstract/?doi=jas.2013.3815.3819
DOI: 10.3923/jas.2013.3815.3819
URL: https://scialert.net/abstract/?doi=jas.2013.3815.3819
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